Uzbekistan to increase trade turnover by 17.2 pct
By Abdul Kerimkhanov
In January-September 2018, the foreign trade turnover of Uzbekistan amounted to $ 23 billion, thus showing an increase of 17.2 percent, compared to the same period last year.
Exports in January-September 2018 amounted to $ 9.3 billion (down 0.4 percent). The share of goods in the composition of exports reached 75.9 percent, of which energy carriers and petroleum products made 20.2 percent, food products-8.8 percent, chemical products and products from it - 7.3 percent.
The volume of exported services in January-September 2018 amounted to $ 2.25 billion, or 24.1 percent of total exports and increased by 21.9 percent compared to the same period last year.
The main part of the export of services falls for transport, tourism, as well as telecommunication, information, computer and financial services.
China and Russia occupy the largest share in the export of goods and services of Uzbekistan. The share of these countries in total exports is 37.1 percent.
The exported goods to China and Russia include a group of energy carriers and petroleum products, chemical products and products from it, as well as food products.
In January-September 2018, exports of textile products amounted to $ 968.3 million and increased, compared to the same period of 2017, by 14.8 percent, which is 10.3 percent of the total exports. Of the export structure of textile products, the main share is cotton yarn (57.3 percent), finished knitwear and garments (22.4 percent). Since the beginning of the year, more than 320 types of goods have been exported to 55 countries of the world.
The volume of exports of fruits and vegetables amounted to more than 873,500 tons and reached $ 649.4 million (a growth rate of 50 percent).
In the structure of exports of fruits and vegetables and vegetables, more than 512,600 tons were exported (physical growth increased 2.1 times) for the amount of $ 231.4 million, fruits and berries - 229,300 tons (physical growth increased by 120.0%) in the amount of $ 305.8 million (monetary growth, compared to the same period last year, was 58.6 percent and 64.3 percent, respectively).
The share of the CIS countries in foreign trade turnover in January-September 2018 was 38.6 percent and compared to the same period, the growth rate of foreign trade turnover was 34.4 percent.
The share of other countries in foreign trade turnover in January-September 2017 was 66.3 percent. In the current year, foreign trade turnover with them decreased by 4.9 percent and amounted to 61.4 percent.
The volume of imports of services amounted to $ 165 billion, or 12.1 percent of total imports, and compared with the same period last year, increased by 21.5 percent.
Transport services, tourism services, as well as telecommunications, information, computer and construction services account for the bulk of imports of services.
In January-September 2018, goods and services from 156 countries were imported into the republic.
The five major partner countries (the Russian Federation, the People’s Republic of China, the Republic of Korea, Kazakhstan and Turkey) have a share of 61.0 percent in total imports, which is $ 8.35 billion.
During the last period of 2018, in September, imports were more than in the other months. In September in comparison with August the volume of imports of goods and services fell by $ 207.3 million, and amounted to $ 1.65 billion.
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